Philippi, Stefan
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Philippi, Stefan
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- PublikationEffectuation in practice. How is it embedded in innovation-driven start-ups?(Academic conferences international limited, 2022) Hinz, Andreas; Philippi, Stefan; Kabous, Laila; Sklias, Pantelis; Apostolopoulos, Nikolaos [in: Proceedings of the 17th European conference on innovation and entrepreneurship]Effectuation suggests that entrepreneurs decide which goals to pursue based on available means. Instead of following rigid plans and acquiring means as is the case with causation, they get to work immediately with available means and exploit arising opportunities. Various research directions of effectuation are discussed in the literature and this work-in-progress paper focuses on effectual behaviours. Drawing on the extant literature, typical behaviours relate to forming partnerships, exploiting contingencies, using experimentation and defining affordable loss. These behaviours appear to be relevant for innovation-driven entrepreneurs and this work seeks to examine how they are embedded in Swiss start-ups. To gain insights, semi-structured interviews will be conducted with entrepreneurs participating in an innovation competition in Switzerland.04B - Beitrag Konferenzschrift
- PublikationLinking effectuation logic with business model innovation in the context of Swiss start-ups(Academic Conferences International Limited, 2022) Kabous, Laila; Hinz, Andreas; Philippi, Stefan; Sklias, Pantelis; Apostolopoulos, Nikolaos [in: Proceedings of the 17th European conference on innovation and entrepreneurship]Effectuation and business model innovation (BMI) are research topics that are frequently discussed in the literature. While effectuation describes the effectual behaviour for founding a start-up with an emphasis on using currently available means, BMI is considered a way of creating a business model with long-term competitive advantages. Both approaches are valuable for start-ups pursuing growth in an uncertain environment. This work-in-progress paper presents insights from the reviewed extant literature. Further research will investigate effectuation and its enabling impact in designing innovative business models in the context of Swiss start-ups.04B - Beitrag Konferenzschrift
- PublikationHow Swiss start-ups deal with business model innovation(Academic conferences international limited, 2022) Philippi, Stefan; Hinz, Andreas; Kabous, Laila; Sklias, Pantelis; Apostolopoulos, Nikolaos [in: Proceedings of the 17th European conference on innovation and entrepreneurship]The term business model innovation refers to the introduction of innovations that differ from state-of-the-art business models in the same field. Current research indicates that business model innovations are more resilient (e.g. to imitation) overall and more successful in the long term compared to traditional types of innovation (e.g. product innovations). Working on business model innovation, therefore, can provide valuable insights, particularly for start-ups looking to grow and scale up under conditions of extreme uncertainty. Business model innovation involves the innovation of two of four core elements of a business model: customer, value proposition, value chain and revenue mechanism. A business model can be described using these four elements in a sophisticated and comprehensive manner. Moreover, these elements help us to determine whether a business model innovation exists. However, do start-ups really use the advantages of business model innovation and to what extent? This research paper addresses this issue and examines the role business model innovation plays for start-ups as well as how it has been implemented. To gain these insights, we examine the business plans of 24 finalists of a Swiss innovation competition in 2021 in a multi-stage process. We systematically reviewed and analysed business plans individually using pre-defined innovation criteria for each of these four elements of a business model. The individual analysis allows a robust assessment to be able to make a comprehensible classification. On reviewing the results, we were surprised by how many of the analysed start-ups are pursuing business model innovations, and that they often innovate more than two elements of their business models. According to our findings, start-ups nowadays deal with business model innovation more often than they did in previous research studies. We can also show that business model innovations are often more complex than they were in the past.04B - Beitrag Konferenzschrift
- PublikationLinking effectuation logic with business model innovation in the context of Swiss startups(2022) Kabous, Laila; Hinz, Andreas; Philippi, StefanEffectuation and business model innovation (BMI) are research topics that are frequently discussed in the literature. While effectuation describes the effectual behaviour for founding a start-up with an emphasis on using currently available means, BMI is considered a way of creating a business model with long-term competitive advantages. Both approaches are valuable for start-ups pursuing growth in an uncertain environment. This work-in-progress paper presents insights from the reviewed extant literature. Further research will investigate effectuation and its enabling impact in designing innovative business models in the context of Swiss start-ups.06 - Präsentation
- PublikationGeschäftsmodellinnovationen in Unternehmenswettbewerben(Hochschule für Wirtschaft FHNW, 2021) Philippi, Stefan; von Büren, Deborah; Peter, Marc K. [in: Strategieentwicklung im digitalen Zeitalter. Planung und Umsetzung der Digitalen Transformation]04A - Beitrag Sammelband
- PublikationDigitalisierung und Geschäftsmodellinnovation im Rahmen der Swiss Innovation Challenge - Digitalisierung ja, aber nicht ausschliesslich(edition gesowip, 2019) Kabous, Laila; Loosli, Christina; Philippi, Stefan; Verkuil, Arie Hans; Hinkelmann, Knut; Aeschbacher, Marc [in: Digitalisierung und andere Innovationsformen im Management. Aktuelle Perspektiven auf die digitale Transformation von Unternehmen und Lebenswelten]Innovative Geschäftsmodelle rückten in den letzten Jahren verstärkt in den Fokus der betriebswirtschaftlichen Aufmerksamkeit und Forschung. Doch wie sieht der Umgang mit Geschäftsmodellinnovationen in der Praxis aus und welche Rolle spielt die Digitalisierung in diesem Zusammenhang? Im Rahmen der Swiss Innovation Challenge wurden Geschäftsmodellinnovationen ausgewertet und verglichen.04A - Beitrag Sammelband
- PublikationStartup-Unternehmen und Digitalisierung: Wie verwenden Startup-Unternehmen digitale Tools?(edition gesowip, 2019) Loosli, Christina; Philippi, Stefan; Verkuil, Arie Hans; Hinkelmann, Knut; Aeschbacher, Marc [in: Digitalisierung und andere Innovationsformen im Management. Aktuelle Perspektiven auf die digitale Transformation von Unternehmen und Lebenswelten]Wie Startup-Unternehmen mit der Digitalisierung umgehen, ob sie digitale Prozesse bereitwillig in ihr Geschäftsmodell integrieren, und insbesondere wie Startup-Unternehmen digitale Tools einsetzen und ob sie ihr Geschäftsmodell bewusst auf digitale Prozesse ausrichten, soll in diesem Artikel diskutiert werden.04A - Beitrag Sammelband
- PublikationBusiness model innovation in Switzerland. The unused potential(2018) Hinz, Andreas; Philippi, Stefan [in: 8th Annual International Conference on Business & Economics (CBE 2018)]Science and practice agree: companies that rely on innovative business models are successful in the long term. Business model innovations offer advantages over other types of innovation, but are still relatively rare in practice and most companies still rely on product and service innovations. To better explore this topic, we examined business plans of the participants in the Swiss Innovation Challenge, a program to promote innovative start-ups and SMEs with an integrated competition based in Switzerland. And indeed, product and service innovations play a dominant role in the Swiss Innovation Challenge. Almost 60% of the business plans examined can be classified as product and service innovation while only 18% of the business plans, are classified as business model innovations. However, it also became clear that many of the projects that were not classified as a business model innovation had the potential to innovate their business model.06 - Präsentation
- PublikationThe link between self-efficacy and effectuation. What do entrepreneurs think?(Springer, 2018) Hinz, Andreas; Philippi, Stefan [in: 8th Annual International Conference on Business & Economics (CBE 2018)]Exploring causal relationships between self-efficacy and effectuation can provide valuable insights into entrepreneurial behaviour. Antecedents of entrepreneurial self-efficacy are examined including performance accomplishments, vicarious experience, means and entrepreneurial experience. Different effectual behaviours such as forming partnerships, exploiting contingencies, addressing affordable loss and using experimentation are studied. Based on earlier work on the subject, this article reviews self-efficacy and effectuation as well as a conceptual model that links these two concepts. The reviewed model highlights the impact of the antecedents of entrepreneurial self-efficacy as well as the impact of entrepreneurial self-efficacy on effectual behaviours. Going beyond the conceptual nature of earlier work, this article presents empirical findings in order to contribute to the discussion and build understanding of the matter. Semi-structured interviews with ten entrepreneurs were conducted in five countries ac04B - Beitrag Konferenzschrift
- PublikationUnternehmensübernahme, eine Alternative zur Neugründung?(edition gesowip, 2018) Philippi, Stefan; Verkuil, Arie Hans; Hell, Benedikt; Kirchhofer, Roger; Aeschbacher, Marc [in: Gründung, Innovation, Nachfolge. Aktuelle Perspektiven des Unternehmertums in der Nordwestschweiz]04A - Beitrag Sammelband